Property 235 78th Street, Miami Beach, FL 33141 for sale with MLS# A11708118

The Historic Jerrico Apartments, a 25-unit short-term rental applicable property in North Beach, Miami Beach. This architectural masterpiece by Tony Sherman has 20 one-bedroom units and 6 studios, with a lush courtyard and rooftop deck. The property is fully legal and zoned for short-term rentals, making it a rare opportunity in Miami Beach. Recent improvements include new windows, doors, A/Cs, and electrical panel. North Beach is a hidden gem with affordability, close to upscale areas like South Beach. Get in now before values increase! Short-term rentals can yield over $900k/yr, with potential for even more.

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Days on the market

235 78th Street, Miami Beach, FL 33141

Price
Price:
$8,500,000.00
Original List Price:
$11,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$540.74
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Price Reduced
Last Major Update on:
November 13, 2025 11:10 pm
Measures
Built-Up Area:
15,719 Sqft
Lot Size Acres:
0.38
Construction
Year Built:
1951
Structure Type:
Hotel/motel
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$93,205.00
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
ALTOS DEL MAR NO 3 PB 8-41 LOTS 4 TO 6 INC LESS W2.5FT BLK 4 LOT SIZE 150.000 X 110 OR 15999-4577 0793 1
Real Estate Folio Number (Parcel Number):
0232020070190
Zoning:
3900
Listing History
Active on the market since:
December 11, 2024
Listing Agreement executed on:
December 11, 2024
Price change occurred on:
November 13, 2025 11:10 pm
Listing Status Last Changed On:
December 11, 2024 10:51 pm
Photos updated on:
June 10, 2026 4:23 pm
Last Modified:
June 10, 2026 4:24 pm
Additional Information
Courtesy of:
Fausto Commercial Realty Consultants Inc
Attribution:
Not provided
Location
Street Name:
78th
Street Number:
235
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 48.5''
Longitude:
W81° 52' 41''
Street Suffix:
Street
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $64,457
Median Home Value $434,500
Median Rent $1,739/mo
Median Age 45
Population 36,016

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 235 78th Street, Miami Beach, FL 33141
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